Guatemala 1770-G P 4 reales

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Sedwick sale 12, lot 1455

This specimen was lot 1455 in Sedwick sale 12 (Winter Park, FL, October 2012), where it sold for $501.50. The catalog description[1] noted, "Guatemala, pillar 4 reales, Charles III, 1770P. Nicely toned VF with bold but slightly crude rims, scarce type." Shown is a 1770 four reales from the Guatemala mint, of a type issued 1760-71. All pillar coinage from Guatemala is scarce and many issues are rare. Gilboy[2] notes this date as "N" or "normal," indicating that it is fairly available. Assayer "P" is noted for the years 1759-85. Unlike the other colonial mints, Guatemala seems to have issued more four reales than any other denomination. Gilboy marks the half, one and two reales as "rare" and the eight reales as "scarce" to "normal." None are marked as common. Guatemala issues are notably cruder than other mints.

Mexican numismatists hotly debate which side of the coin constitutes the obverse. Gilboy[1] depicts the shield side as the obverse as that side bears the king's name. However, auction catalogs and dealer listings more frequently use the pillars and globes side as the obverse, as that side bears the date.

Recorded mintage: unknown.

Specification: 13.54 g, .917 fine silver, .399 troy oz ASW, this specimen 13.3 g.

Catalog reference: G-4-19, KM-26; CT-1053.

Source:

  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, vol. 2, Madrid: Cayón9-Jano S.L., 2005.
  • Harris, Robert P., Pillars & Portraits, San José, CA: Bonanza Press, 1968.
  • [2]Gilboy, Frank F., The Milled Columnarios of Central and South America: Spanish American Pillar Coinage, 1732 to 1772, Regina, Saskatchewan: Prairie Wind Publishing, 1999.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • [1]Sedwick, Daniel F., Augi Garcia and Cori Sedwick Downing, Treasure Auction #12, Winter Park, FL: Daniel Frank Sedwick, LLC, 2012.

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